Barclays hit with 38m fine over client failings
The Financial Conduct Authority has fined Barclays Bank just under £38m for failing to protect clients custody assets worth £16.5bn.
Author: International Adviser
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Last Word Media celebrates eight years
Last Word Media celebrated eight years in Asia last week in spectacular style with two parties in Asia’s leading financial hubs.
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The digital evolution Skandia talks technology
Phil Oxenham, head of international proposition marketing at Skandia International, looks at how developing technology can transform the way financial advisers work with their clients.
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Carmignac and BNP Paribas IP granted
Carmignac Group and BNP Paribas Investment Partners have both been granted licences to trade in China listed A shares and local bonds.
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Whittingham to step back from Square Mile
Square Mile Research has announced to clients Nigel Wittingham is to step down from his role as distribution director at the end of the year.
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Guidance guarantee levy unfair on advisers
A proposed levy to pay for the UKs guidance guarantee would be unfair on advisers and consumers, according to IFA trade body APFA.
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Brooks Macdonald sees FUM jump
Brooks Macdonald saw its discretionary funds under management (FUM) grow by nearly 30% last year, driven in part by its acquisition of offshore wealth manager DPZ capital.
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Guernsey sees jump in new funds despite NAV drop
Guernsey’s financial regulator approved over 40 new funds in the second quarter of 2014.
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Former IFS Qatar chief fined but contests
A former chief executive of International Financial Services in Qatar fined and banned by authorities in the country, has hit back at the regulators prejudiced and inaccurate portrayal of his misconduct.
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McNish leaves FPI to re join Zurich
Jamie McNish is to leave Friends Provident International in the UAE after just over a year at the company.
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Retirees plan 3bn spending spree next April
An additional £3bn is expected to be spent by retirees on luxuries such as cars and holidays in the three months after April next year when the Budget pension changes come into effect.
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Source launches new ETF to track Japan index
The latest product to emerge from the pipeline of exchange traded product provider Source aims to provide exposure to Japan’s stock market.